Cook: Developers have earned over $50 billion from App Store

Apple CEO Tim Cook has proudly tweeted that developers on the App Store have earned over $50 billion since the marketplace launched in late 2008.

July 2016 was a record-crushing month for the Store, as well, and many speculate it was due to Pokemon Go. Cook thanked and congratulated developers on their "success and such inspired creativity".

Growth remains strong for the App Store, as we have seen $10 billion paid to developers since Apple's last announcement in January 2016, following $20 billion in 2015 and $20 billion for the entire 2008-2014 period.

July was a record-breaker for the @AppStore! Highest-ever monthly billings and money paid to developers.